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Bitkub announces withdrawal of FTT coins from the trading board tomorrow

Bitkub announces withdrawal of FTT tokens from exchanges tomorrow after ‘FTX files for bankruptcy, CEO resigns, stops trading on the platform’

On November 13, news reports said that Bitkub issued a delisting notice. FTX Token (FTT) from the trading board on 11/11/22 at 6:00 a.m. with the following details:

notify customers Due to the situation with FTX Digital Asset Exchange, which is the issuer of FTX Token (FTT), Bitkub Online Co., Ltd. has issued a risk notification of FTX Token (FTT) and the operating guidelines of Bitkub Exchange. G went on November 11, 2022.

The company has closely monitored the situation. And consider carefully to prevent any damage that may occur to customers (Customer Protection). Therefore, the company would like to inform you of additional facts and situations of FTT coins as follows:

The company has contacted the coin issuer through official channels. but has not received any feedback on the solution.

FTX Digital Asset Exchange has filed a Chapter 11 application under US law, and FTX’s CEO (CEO) has announced his resignation.

From the examination found thatFTX Digital Asset Exchange has been closed since November 12, 2022 around 10:28 AM (UTC+7). without an official announcement to clarify

after thatFTX Digital Asset Exchange has temporarily suspended the withdrawal of coins from the FTX board. without any definite changes to the announcement

FTT Coin is a token that qualifies for fee rebates and other activities on the businesses of FTX and its affiliates. which from the above information It may affect the utility of the token of such coin as defined in the Whitepaper, which is considered one of the coin’s features in consideration of providing digital asset trading services in the company’s cryptocurrency exchanges.

from the above facts The company considered and agreed to delist (Delist) FTT coin. Leaving the company’s cryptocurrency exchange center due to the coin’s non-compliance with the policy.
Providing digital asset trading services in the company’s digital asset trading center anymore.

The schedule for the delisting of FTT coins is as follows:

  • End of FTT coin deposit service permanently: November 12, 2022 at 1:08 p.m. (Thailand time)

*You will not be able to deposit FTT coins after this date and time.
*The amount of your coins remains the same. And you will still be able to withdraw FTT coins until the FTT withdrawal system stops providing service for the specified time.

Put a DE (Delist)* sign on the symbol of the FTT coin: November 12, 2022 at 18:00 (Thailand time).

  • Permanently cessation of FTT coin trading service: November 14, 2022 at 6:00 AM (Thailand time).

*You will not be able to submit new FTT orders after this date and time.

*Previously opened FTT orders will be cancelled.

*The amount of your coins remains the same. And you will still be able to withdraw FTT coins until the FTT withdrawal system stops providing service for the specified time.

  • Permanently cessation of FTT coin withdrawal service: February 12, 2023 at 6:00 AM (Thailand time).

*If any customer still has FTT coins in their wallet after the withdrawal of coins, please contact Customer Support for further inquiries or assistance.

*DE (Delist) sign is a sign indicating the suspension of trading of digital assets and will be withdrawn from the system within a specified period of time as announced by the company. (Learn more about posting a sign to alert investors)

date and time

action

November 12, 2022
Time 13:08 (Thailand time)
Permanently discontinued the FTT coin deposit service.

  • You will not be able to deposit FTT coins after this date and time.
  • The amount of your coins remains the same. And you will still be able to withdraw FTT coins until the FTT withdrawal system stops providing service for the specified time.
November 12, 2022
Time 18:00 (Thailand time)
Mark DE (Delist)* on the symbol of the FTT coin
November 14, 2022
Time 06:00 (Thailand time)
Termination of FTT Coin Trading Service permanent

  • You will not be able to submit new FTT orders after that date and time.
  • Previously opened FTT orders will be cancelled.
  • The amount of your coins remains the same. And you will still be able to withdraw FTT coins until the FTT withdrawal system stops providing service for the specified time.
February 12, 2023
Time 06:00 (Thailand time)
Permanently discontinued the FTT withdrawal service.

  • If any customer still has FTT coins in their wallet after the termination of coin withdrawal service, please contact Customer Support for further inquiries or assistance

* DE (Delist) sign is a sign indicating the suspension of trading of digital assets and will be withdrawn from the system within a specified period of time according to the company’s announcement. (Learn more about Posting a sign to alert investors)

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